Mahanagar Telephone Nigam Ltd shares hit upper circuit, surge 10%

MTNL and BSNL do not impose roaming charges for mobile internet services on each others customers. Reuters

SummaryMTNL shares surged after the company signed an agreement with BSNL.

Mahanagar Telephone Nigam Ltd (MTNL) shares today soared nearly 10 per cent, touching the highest trading permissible limit for the day, after the company signed an agreement with BSNL to jointly offer services to business organisations and share their infrastructure required for this purpose.